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Tether CEO: AI will be the company's next big bet

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2024-05-24 23:42:59
Paolo Ardoino, CEO of stablecoin issuer Tether, said in an interview that artificial intelligence (AI) will be the company's next big bet. Ardoino noted that Tether is investing in AI with the aim of creating decentralized, localized AI models that can run on personal devices to enhance privacy and control. He stressed that Tether's goal is to reduce intermediaries and achieve decentralization in various fields such as finance, communication and education through blockchain technology. In addition, Tether has also invested in brain-computer interface technology to maintain human uniqueness and enhance cognitive capabilities. Ardoino said that Tether is leveraging its strong foundation in the stablecoin space to build a decentralized and resilient ecosystem that can withstand global challenges.